Oil India
OIL.NS
Operating Margin for Oil India (OIL.NS)
Operating Margin as of April 2024 (TTM): 33.68%
According to Oil India 's latest financial reports and stock price the company's current Operating Margin is 33.68%. At the end of 2023 the company had an Operating Margin of 38.91%.
Operating Margin history for Oil India from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 38.91% | 18.47% |
| 2022 | 32.84% | 45.63% |
| 2021 | 22.55% | -34.8% |
| 2020 | 34.59% | -11.85% |
| 2019 | 39.23% | -6.58% |
| 2018 | 42.00% | 43.59% |
| 2017 | 29.25% | -17.87% |
| 2016 | 35.62% | -15.35% |
| 2015 | 42.07% | -11.64% |
| 2014 | 47.62% | -13.81% |
| 2013 | 55.25% | |
| 2011 | 52.11% | -27.28% |
| 2010 | 71.65% | 52.8% |
| 2009 | 46.89% | 3.79% |
| 2008 | 45.18% | -4.36% |
| 2007 | 47.24% | 16.48% |
| 2006 | 40.56% | 22.55% |
| 2005 | 33.09% | -10.37% |
| 2004 | 36.92% |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.